lifeway foods, Danone

Is Lifeway’s rejection of Danone bid shrewd or a gamble?
Lifeway believes Danone’s offer undervalues its business. But will the French dairy giant return to the table?
Lifeway Foods rejects Danone’s takeover offer deemed as undervalued
Lifeway Foods has rejected the takeover bid lodged by Danone in September as the US-based kefir maker deemed the offer to be undervalued. France-headquartered dairy giant Danone had sought to increase its 23.
Lifeway Foods rejects takeover worth over $280 million
The Morton Grove-based kefir maker turned down Danone's offer, saying the $25-a-share deal undervalues the company.
LIFEWAY FOODS REJECTS PROPOSAL FROM DANONE AND ADOPTS LIMITED DURATION SHAREHOLDER RIGHTS PLAN
Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced that its Board of Directors (the "Board") has rejected the unsolicited proposal made on September 23,
Lifeway Foods rejects proposal from Danone
Lifeway Foods Inc., Morton Grove, Ill., announced that its Board of Directors has rejected the unsolicited proposal made Sept. 23, by Danone North America PBC to acquire all the shares of Lifeway that it does not already own for $25 a share.
Lifeway Foods Rejects Danone Buyout, Adopts Poison Pill
Lifeway Foods has rejected a buyout bid from France's Danone and has adopted a shareholder rights plan aimed at thwarting any hostile takeover. Lifeway on Tuesday said its board determined that the $25-a-share proposal from Danone substantially undervalues the Morton Grove,
Lifeway Foods falls as it rejects Danone offer, adopts shareholder rights plan
Lifeway Foods (NASDAQ:LWAY) dropped 2.6% in premarket trading after the maker of Kafir products rejected an unsolicited $25 a share proposal from Danone (OTCQX:DANOY). Lifeway (LWAY) also announced that it adopted a limited duration shareholder rights plan,
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Lifeway Foods Founding Family Members Express Support for Danone Acquisition After Board Rejects It
Edward and Ludmila Smolyansky release statement in support of reconsidering Lifeway Foods’ rejection of Danone North America ...
Danone wins dismissal of Evian microplastics lawsuit in Chicago
The maker of Evian spring water, Danone , won the dismissal of a lawsuit on Tuesday accusing it of defrauding consumers with ...
Lifeway Foods largest holders urge the company to negotiate with Danone
The two largest holders of Lifeway Foods (NASDAQ:LWAY) are calling for the board of the maker of Kefir products to reconsider Danone's (OTCQX:DANOY) $25 a share offer. Edward and Ludmila Smolyansky, ...
Food Dive1d
The Weekly Sip: Danone debuts plant-based milk for kids | Celsius sees sales boost
In other beverage news, XXI Martinis is shaking up the holiday season with its limited Chocolate Peppermint beverage.
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US lawsuit against Danone in Evian microplastics case dismissed
Stuart Franklin/Getty Images). A lawsuit accusing Danone of hoodwinking consumers in the US by labelling its Evian spring ...
Danone: Holding Was The Right Choice, For Now
Danone's core business remains strong, but its growth estimates are uncertain. Read how DANOY faces competition and pricing ...
Food Dive6d
The Weekly Sip: Danone creates cold brew energy drink | Fireball bottles the tears of football fans
Stōk Cold Brew has launched Cold Brew Energy, a lineup of ready-to-drink canned coffee that contains some of the benefits of ...
Edward and Ludmila Smolyansky Support Danone Bid to Acquire Lifeway Foods (NASDAQ: LWAY)
On September 23, 2024, Danone SA (OTCQX: DANOY) proposed to acquire Lifeway Foods (NASDAQ: LWAY) in a transaction valued at approximately $283 million, offering $25 per share in cash. However, on ...